We are live on
!
Find out more
National Bank of Canada Portfolio holdings
AUM
$140B
1-Year Est. Return
46.34%
This Fund
S&P 500
This Quarter
Est. Return
+14.61%
1 Year Est. Return
+46.34%
3 Year Est. Return
+120.97%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$105B
AUM Growth
+$9.72B
(+10%)
Cap. Flow
-$6.15B
Cap. Flow
% of AUM
-5.84%
Top 10 Holdings %
Top 10 Hldgs %
26.91%
Holding
3,275
New
443
Increased
1,132
Reduced
929
Closed
300
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$699M |
| 2 |
UnitedHealth
UNH
|
+$618M |
| 3 |
Amazon
AMZN
|
+$433M |
| 4 |
Eli Lilly
LLY
|
+$410M |
| 5 |
iShares Core MSCI EAFE ETF
IEFA
|
+$392M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$845M |
| 2 |
Tesla
TSLA
|
+$639M |
| 3 |
Microsoft
MSFT
|
+$528M |
| 4 |
Broadcom
AVGO
|
+$322M |
| 5 |
TSMC
TSM
|
+$322M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 23.82% |
| 2 | Financials | 17.46% |
| 3 | Consumer Discretionary | 8.35% |
| 4 | Communication Services | 7.63% |
| 5 | Industrials | 7.12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1626
iShares MSCI Saudi Arabia ETF
KSA
$625M
| $186K | ﹤0.01% |
4,839
+2,051
| +74% | +$80.4K |
|
1627
Corebridge Financial
CRBG
$15.3B
| $185K | ﹤0.01% |
5,219
-11,508
| -69% | -$358K |
|
1628
Vanguard Total International Stock ETF
VXUS
$164B
| $184K | ﹤0.01% |
2,670
+951
| +55% | +$61.8K |
|
1629
Franklin US Treasury Bond ETF
FLGV
$1.04B
| $183K | ﹤0.01% |
+8,927
| New | +$182K |
|
1630
JPMorgan Ultra-Short Income ETF
JPST
$40.6B
| $183K | ﹤0.01% |
3,619
-9,620
| -73% | -$486K |
|
1631
Blue Owl Capital
OBDC
$5.86B
| $182K | ﹤0.01% |
12,698
+12,214
| +2,524% | +$174K |
|
|
PDO
1632
PIMCO Dynamic Income Opportunities Fund
PDO
$1.84B
| $182K | ﹤0.01% |
13,500
-2,740
| -17% | -$36.6K |
|
1633
iShares S&P Small-Cap 600 Growth ETF
IJT
$8.43B
| $182K | ﹤0.01% |
1,366
+64
| +5% | +$8.02K |
|
1634
Franklin FTSE Japan ETF
FLJP
$4.15B
| $181K | ﹤0.01% |
5,627
+2,601
| +86% | +$79.4K |
|
1635
VanEck Rare Earth/Strategic Metals ETF
REMX
$2.28B
| $180K | ﹤0.01% |
4,681
+4,415
| +1,660% | +$169K |
|
1636
BancFirst
BANF
$3.88B
| $180K | ﹤0.01% |
1,457
-11
| -0.7% | -$1.31K |
|
1637
Texas Roadhouse
TXRH
$13.5B
| $180K | ﹤0.01% |
961
+104
| +12% | +$18.7K |
|
1638
RELX
RELX
$60.5B
| $180K | ﹤0.01% |
3,310
+49
| +2% | +$2.59K |
|
1639
Palladyne AI
PDYN
$319M
| $179K | ﹤0.01% |
20,625
+16,500
| +400% | +$117K |
|
1640
iShares iBonds Dec 2026 Term Treasury ETF
IBTG
$2.22B
| $178K | ﹤0.01% |
7,759
+149
| +2% | +$3.41K |
|
1641
Vaalco Energy
EGY
$604M
| $178K | ﹤0.01% |
49,201
| – | – |
|
1642
SP Funds Dow Jones Global Sukuk ETF
SPSK
$650M
| $178K | ﹤0.01% |
9,747
| – | – |
|
1643
VanEck Agribusiness ETF
MOO
$975M
| $177K | ﹤0.01% |
2,408
-671
| -22% | -$47.1K |
|
1644
Gilat Satellite Networks
GILT
$894M
| $177K | ﹤0.01% |
25,000
-25,000
| -50% | -$156K |
|
|
NMG
1645
Nouveau Monde Graphite
NMG
$490M
| $175K | ﹤0.01% |
106,514
+267
| +0.3% | +$460 |
|
1646
CALL
FingerMotion
FNGR
$17.2M
| $175K | ﹤0.01% |
+861
| New | +$2.11K |
|
1647
State Street SPDR S&P Aerospace & Defense ETF
XAR
$6.65B
| $173K | ﹤0.01% |
824
+12
| +1% | +$2.17K |
|
1648
Boston Beer
SAM
$1.89B
| $171K | ﹤0.01% |
899
-608
| -40% | -$140K |
|
1649
Hertz
HTZ
$855M
| $170K | ﹤0.01% |
24,925
-12,975
| -34% | -$81K |
|
1650
Clover Health Investments
CLOV
$2.41B
| $170K | ﹤0.01% |
60,924
+60,524
| +15,131% | +$199K |
|
Similar funds
National Bank of Canada's Q2 2025 Portfolio in Review
As of Q2 2025, National Bank of Canada held 3,275 positions worth $105B, up 10% from $95.5B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
National Bank of Canada withdrew a net $6.15B in Q2 2025, closing 300 positions and reducing 929 holdings. Its most notable exit was Discover Financial Services, an estimated $98.5M position sold in full.
By sector, the portfolio is most concentrated in Technology at 24% of assets, up from 23% a quarter earlier, followed by Financials and Consumer Discretionary.
Against the trend, National Bank of Canada opened a new position in Emera Inc worth $183M.
- National Bank of Canada's largest Q2 2025 buy was Emera Inc: 3,995,659 shares worth $183M.
- National Bank of Canada added most to Apple in Q2 2025, an estimated $699M increase.
- National Bank of Canada's biggest Q2 2025 reduction was NVIDIA, cutting an estimated $845M.
- National Bank of Canada fully exited Discover Financial Services in Q2 2025, selling an estimated $98.5M.
- National Bank of Canada's ten largest holdings make up 27% of its $105B portfolio in Q2 2025.
- National Bank of Canada opened 443 new positions and closed 300 in Q2 2025.
- National Bank of Canada's portfolio value rose 10% quarter-over-quarter to $105B.
Based on National Bank of Canada's 13F filing for Q2 2025, filed 13 Aug 2025.